12 November 2008
With the excitement of the election and post-election over, now the nation watches and waits. Obama is assembling, what seems to be a stellar group of talented advisors, to get his ducks- in-a-row, so to speak, so that he can move forward quickly after he is sworn in. There will be the undoing of the last minute “dirty deeds” that Bush has planned, to leave as a legacy for republicans. I say get us out of this mess first then nail those on Wall Street and others guilty of helping us get there in the first place.
The first major thing on his plate is the economy. Treasury Secy. Henry Paulson gave a televised report on the “rescue” plan, note that nowhere was the term “bailout” used. I have to agree, that getting the economy back on track is a momentous task and the government will be doing things that many of us do not agree with. The need to keep us out of a depression is paramount. Many businesses, large and small, are going out of business or downsizing, creating a jump in unemployment. The unemployed don’t have money to spend so there will be the fallout for stores, restaurants and so on. It’s a vicious cycle that needs to be halted or dramatically slowed down. Obama has the wisdom to use the best minds available to him, to get us back on track, but that will take time and we all need to tighten our belts.
Keep in mind that I believe that we have chosen the right person, as our future president, to slowly pull us out of the mire that the Bush administration has left behind. Also keep in mind that I said “slowly.” Jump on his team and work with him.
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